Get App
Download App Scanner
Scan to Download
Advertisement

Why A Cancer Drug Costs More At A Hospital Than At A Pharmacy: Max Healthcare CMD Explains

Max Healthcare CMD Abhay Soi clarified, that in the case of hospitals providing medicines, the cost reflected is not purely of just one thing.

Image Source: Nanavati Max healthcare Website

A tall medical bill is often met with perplexity, helplessness, and a lot of questions on the lines of what charges are included, why the drugs are so expensive and so on. 

Max Healthcare CMD Abhay Soi clarified, that in the case of hospitals providing medicines, the cost reflected is not purely of just one thing.

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

In an interview with NDTV Profit, he explained how the cost of special medicines, specifically chemotherapy drugs, involves a chain of storage, cold-chain management, drug mixing, administration, monitoring and disposal protocols governed by NABH standards. 

The debate, he emphasised, should not focus solely on the sticker price of a medicine, but on the broader cost of delivering it safely. "The handling of cytotoxic chemotherapy drugs is potentially hazardous to the healthcare professionals and patients," he stated. 

Therefore, he elucidated how there are standard operating procedures for the entire steps in the value chain including mixing of the cytotoxic drugs, adding that 95% of chemotherapy drugs are mixed.

ALSO READ: Supreme Court Directs Centre To Form Panel To Curb 'Unethical' Pharma Marketing Practices; Freebies To Doctors

"These are mixed in laminar flow rooms...They are mixed and then apportioned to patients," he outlined. Therefore, the cost of these drugs includes the cost of the entire value chain in a hospital, the Max Healthcare CMD stated. 

"There are lots of costs across the system including resident doctors, doctors, and the entire coverage that you provide which is not necessarily dedicated into every item," 

Further, he clarified that hospitals are not selling these medicines, they are administering them.

"We don't sell chemotherapy drugs alone. We administer the drugs. We don't sell injections. We administer the injections," Soi emphasied, adding that the product cost generally includes the cost of administration as well. 

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com